INOXGREEN is a power Stock that has given the breakout and a high probable that it will move in the bull side now. It has successfully broken the Flag and pole pattern.
Reason:
Verdict:
Strong Bullish
Plan of action:
BUY: 69-70 (LTP)
STOPLOSS: 65.50
TARGET: 80 (1st Target) after that trail
Reason:
- Flag and Pole Breakout to upside.
- RSI > 50, crossing 60 to upside means a bullish momentum is expected.
- Price > EMAs(13,50,200) shows bullishness.
- Price > VWAP
- Successful Breakout done.
Verdict:
Strong Bullish
Plan of action:
BUY: 69-70 (LTP)
STOPLOSS: 65.50
TARGET: 80 (1st Target) after that trail
